The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws ...

But Credit Suisse found a reprieve for now after saying late on Wednesday it would borrow up to 50 billion Swiss francs, or about $54 billion, from the Swiss National Bank after the central bank ...

Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it would borrow up to 50 billion Swiss francs ($53.7 billion) from the Swiss ...

Credit Suisse to borrow up to $53.7 billion from Swiss central bank. The Swiss National Bank will lend the money to shore up the troubled banking giant, whose problems have added to uncertainty ...

Credit Suisse U.S. stock CS fell about 13.9% to $2.16 per share in trading Wednesday, while its shares in Europe CH:CSGN dipped below the 2 franc level, after the bank’s top shareholder, Saudi ...

Credit Suisse, the 166-year-old institution that was once an emblem of Swiss pride, is fighting for its life after investors, fearing that the bank would run out of money, dumped its stock and ...

Credit Suisse on Wednesday said it would borrow 50 billion Swiss Francs ($53.7 billion) from the Swiss National Bank, hours after the central bank said it was ready to provide financial support ...

Credit Suisse is set to borrow up to $54 billion from Swiss National Bank, it said Wednesday. It also announced cash offers for senior debt securities of up to $3 billion.

Swiss bank UBS will take over its competitor Credit Suisse for more than $3 billion The deal was brokered by the Swiss government to try to contain a crisis of confidence in global financial markets.

Alessandro Manfront spent over 20 years at Credit Suisse-UBS in various senior positions. This June, he joined the crypto ...

Credit Suisse’s shares soared 30% on Thursday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as ...